-
30th September 2008, 02:12 AM
#1
Senior Member
Platinum Hubber
What will you do, if you have power?
The purpose of this topic is to take a major current issue (facing any govt. or big power) and invite innovative suggestions from hubbers as to what is the best course.
To start with, let's take up the $700 bn issue.
The problem is well-known, US financial institutions are in big trouble as they faltered by lending to those not-credit-worthy and now the homes they possess out of short-closures cannot help them recover the money. Big loss / bankruptcies / fed investments / fed-managed-take overs etc. On top of these, fed wants to pump in $700 bn as otherwise the whole economy is expected to get into a major depression.
Imagine you have the $700 bn (or you're the sole decision making authority in the fed), what will you do to fix the economy?
-
30th September 2008 02:12 AM
# ADS
Circuit advertisement
Bookmarks